Mahindra Thar fans have received a major shock as the company has once again increased the prices of its popular off-road SUV. The latest price revision came into effect on July 10, making the Thar more expensive across multiple variants.
This is the third price increase announced by Mahindra in 2026. The company had previously revised prices in January and April, and the latest hike has further increased the cost of owning one of India's most popular lifestyle SUVs.
Thar Prices Increased by Up to ₹37,000
According to the latest price update, Mahindra has increased the ex-showroom prices of the Thar by around ₹27,000 to ₹37,000, depending on the variant.
The company has reportedly attributed the price increase to rising input costs, including raw materials and other components used in vehicle production.
The price difference varies depending on factors such as:
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Engine option.
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Manual or automatic transmission.
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2WD or 4WD configuration.
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Variant features.
New Mahindra Thar Price List
| Variant | New Ex-Showroom Price |
|---|---|
| Thar AXT Diesel 2WD (MT) | ₹10.32 lakh |
| Thar LXT Diesel 2WD (MT) | ₹12.99 lakh |
| Thar LXT Petrol 2WD (AT) | ₹14.76 lakh |
| Thar LXT Petrol 4WD (MT) | ₹15.59 lakh |
| Thar LXT Diesel 4WD (MT) | ₹16.42 lakh |
| Thar LXT Petrol 4WD (AT) | ₹17.22 lakh |
| Thar LXT Diesel 4WD (AT) | ₹17.99 lakh |
The updated price range now starts from approximately ₹10.32 lakh and goes up to around ₹17.99 lakh (ex-showroom).
Which Thar Variant Received the Biggest Price Increase?
Among the different variants, the higher-end 4WD models saw the biggest price revisions.
The major price increases include:
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LXT 4WD Diesel Automatic: Increased by around ₹37,000.
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LXT 4WD Petrol Automatic: Increased by around ₹36,000.
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LXT 4WD Diesel Manual: Increased by around ₹34,000.
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LXT 4WD Petrol Manual: Increased by around ₹33,000.
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AXT 2WD Diesel Manual: Increased by around ₹32,500.
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LXT 2WD Diesel Manual: Increased by around ₹29,500.
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LXT 2WD Petrol Automatic: Increased by around ₹27,000.
Third Price Hike in Seven Months
The latest increase marks the third price revision for the Mahindra Thar within a short period.
Earlier:
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January 2026: Prices increased by around ₹20,000.
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April 2026: Prices were increased by up to ₹43,000.
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July 2026: Another increase of up to ₹37,000 announced.
With repeated price adjustments, buyers planning to purchase the SUV may now have to spend significantly more compared to the beginning of the year.
Why Is Mahindra Increasing Prices?
Automobile companies often revise vehicle prices due to several factors, including:
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Increase in manufacturing costs.
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Higher raw material prices.
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Changes in supply chain expenses.
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Rising production costs.
Such price adjustments help manufacturers manage increasing operational expenses.
What Should Thar Buyers Do Now?
Customers planning to buy a Mahindra Thar should check the latest pricing with their nearest dealership before booking.
The previous quotation received from a dealership may no longer be valid after the updated price list comes into effect. Buyers should also calculate the final on-road price, including registration charges, insurance, and additional accessories.
Conclusion
The Mahindra Thar continues to remain one of India's most desirable SUVs, but repeated price hikes have made it more expensive for buyers. With the latest July revision, customers will now need to pay a higher amount depending on the variant and features they choose.
Those planning to purchase the Thar should compare variants carefully and confirm the latest prices before making their final decision.
